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- January 4, 2009: Sabino Mountain 2008 Review of Sales
- December 21, 2008: Prediction for 2009 Home Sales in Sabino Mountain
- December 14, 2008: New listing 4128 N Sunset Cliff Place
- December 2, 2008: Sabino Mountain Weekly Trash Pick-Up
- December 2, 2008: Community Pool and Spa Closed for Winter; District 16 Starts Open Enrollment
- November 30, 2008: The Number of Buyers Looking for Homes has Picked Up in the Tucson Foothills Luxury Home Market
- November 20, 2008: New FHA Financing Limits and New Sabino Mountain Home for Sale
- November 13, 2008: Pepper-Viner One-Story at 4348 N Ocotillo Canyon will be Open this Sunday
- November 3, 2008: If Obama wins in Arizona it will be because Pima County has a high Democratic Voter Turnout
- November 1, 2008: First Sabino Mountain Short Sale Falls-Through
Homes Selling for $438,000 or Less Get a Boost!
Sabino Mountain has had a hard time selling the non-custom homes in the past few years, and prices have seriously declined in homes under $500,000 as a result. Effective June 1st, Fannie Mae and Freddie Mac will lower their downpayment requirements to 5%. Recently the minimum downpayment requirement for those with high credit scores, good employment history, etc, has been 10%. In the past quarter all the homes that have sold in Sabino Mountain have been higher-end custom homes. Last year many owners who had tried to sell their non-custom homes gave up, since even with serious reductions in price, they had no offers. This lower downpayment requirement should give a little boost to a difficult 2008 real estate sales market. If you would like me to refer you to an excellent mortgage consultant, give me a call at 918-2410.